CAR BUYING SERVICE


BEGIN YOUR APPLICATION BELOW


New Auto Loan


Rates as low as
%
APR*

for up to 36 months when you buy a new car through the PenFed Car Buying Service

APPLY NOW

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

Used Auto Loan


Rates as low as
%
APR*

for up to 36 months when you buy a used car through the PenFed Car Buying Service

APPLY NOW

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

 

 

 

 

 

 

 

 

 

 

 

 

DISCLOSURES: Print IconPrint

Rate and offer current as of  and are subject to change. Promotional rate is not available to refinance existing PenFed car loans.

*Annual Percentage Rate. Your actual APR will be determined at the time of disbursement and will be based on your application and credit information. Rates quoted assume excellent borrower credit history. Not all applicants will qualify for the lowest rate.

New Vehicle Loan Payment Example: $20,000 at % APR; 36 monthly payments of approximately $

Used Vehicle Loan Payment Example: $20,000 at % APR; 36 monthly payments of approximately $

New Auto Loans: Loan rate applicable to new vehicles only. New vehicles are where you are the original owner and the untitled vehicle is a current ( or ) or prior model year(s) (). Up to 110% financing is available. Vehicle weight restrictions apply. Minimum loan amount is for 61-72 month term. Rate also depends on term.

Used Auto Loans: Maximum used car loan advance will be determined by PenFed using a NADA value. Financing is available up to NADA average retail value plus tags, title, taxes and extended warranties not to exceed 110%. Some restrictions apply.  Minimum loan amount is $  for 61-72 month term. Financing for 61-72 month term is valid for model years  - .

Rate also depends on term. Other restrictions including vehicle and mileage limitations may apply.